Question: 4. Please examine the cost data below and explain whether you believe that this data suggests high or low barriers to entry in this industry:

4. Please examine the cost data below and explain whether you believe that this data suggests high or low barriers to entry in this industry: Firm A Firm B Firm Firm D Units produced per year 400,000 20,000 60,000 125,000 Total annual production costs $400,000 $80,000 180,000 $250,000

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